We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
Top News
Construction of India Jewellery Park, Mumbai Begins
Navi Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) yesterday marked a historic milestone in the development of India Jewellery Park Mumbai (IJPM) with the commencement of construction at Mahape, Navi Mumbai. The ceremony marks the transition of this long-cherished industry vision into the construction phase, bringing India’s ambition to establish a world-class, integrated jewellery manufacturing hub a significant
Qatar Diamond Exchange Broadens Asian Presence
Doha: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with the Diamond Federation of Hong Kong, China (DFHK), establishing a strategic partnership between the two organizations. The agreement was formalized in Hong Kong by Ghanim Al-Saadi, Director of the Qatar Diamond Exchange, and Lawrence Ma, President of DFHK. Founded in 2000, DFHK represents Hong Kong’s diamond
Diamonds for Development Fund Receives Initial Funding
Gaborone: The Government of the Republic of Botswana and De Beers Group yesterday announced that De Beers Group has transferred its initial contribution of BWP1 billion to the Diamond for Development Fund, marking a major milestone in the progress of the Fund and its mandate to support Botswana’s long-term economic diversification. The disbursement follows the establishment of the Fund’s governance
De Beers Reports Lower Q3 Output
London: De Beers reported an 11% year-on-year decrease in rough diamond production to 6.8-million carats for the quarter ended September 30, primarily driven by planned plant maintenance at Orapa, in Botswana, and a slowdown at Venetia, in South Africa, ahead of a planned two-year production pause. Operational Performance: De Beers notes that rough diamond production was 11% lower at 6.8
Foundation of India Jewellery Park Laid
Mumbai: India Jewellery Park, Mumbai, a mega initiative by the Government to take India’s jewellery manufacturing and trade to a new level, was inaugurated with the foundation stone laying ceremony by Mr. Devendra Fadnavis (Hon. Chief Minister of Maharashtra); Shri Suresh Prabhu (Hon. Union Minister of Commerce & Industry and Civil Aviation, Govt. of India); Mr. Subhash Desai (Hon. Minister of
Platinum Evara the Choicest Gift this Women’s Day!
Mumbai: Women today are leading change in transitioning societies with utmost passion and grit. Confident, independent and strong willed, women of today are making courageous rare choices that is contributing to building a more progressive, equal society. They are questioning traditional norms, pushing gender boundaries, in both, their professional and personal lives. In recent times, it’s heart-warming to notice that
De Beers DVI to Get Assure Seal of Approval
London: De Beers Group Industry Services announced that all four of their diamond verification instruments (DVI) submitted for testing as part of Project ASSURE have received outstanding results. Project ASSURE is a joint collaboration between the Diamond Producers Association (DPA) and Signet Jewelers, with input provided by other participants in the diamond industry and gemmological laboratories, including De Beers Group.
Aisshpra Collaborates with Royal Fables
Lucknow: Aisshpra Jewllery Boutique by Umang Agarwal, the house that caters to the luxurious taste of city of Nawabs Lucknow collaborated with Royal Fables, a heritage platform renowned for glorifying Indian Royalty. This regal exhibition was hosted on Friday March 1st and Saturday 2nd March 2019 respectively at 11 Habibullah Estate, Hazratganj. The event was an amalgamation of Art, Fashion
